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RAJNANDINI METAL
PB (Price/Book ) Ratio

The Current P/B Ratio of RAJNANDINI METAL is 7.27.

Share Price ₹10.9Apr 26,2024
Market Cap ₹301.4 Cr
Book Value₹41.4 CrMar2023 - Standalone Results
Price/Book 7.27xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RAJNANDINI METAL

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of RAJNANDINI METAL is calculated as :

Current Market Cap [ ₹301.4 Cr] as on Apr 26,2024

(/) Book Value [ ₹41.4 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 7.27x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for RAJNANDINI METAL , the investors are currently willing to pay '7.27 times book value' to own 1 share of the company.

PB Multiples are one of the most widely used valuation multiple in industry.

Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.

In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of RAJNANDINI METAL !

The chart below summarizes the trend in P/B Ratio of RAJNANDINI METAL over the last five years.

Historical PB (Price/Book ) ratio chart of RAJNANDINI METAL


PB Ratio Performance Analysis for RAJNANDINI METAL

- RAJNANDINI METAL 's latest p/b ratio is 7.27x.

- RAJNANDINI METAL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.13x.

- RAJNANDINI METAL 's operated at median p/b ratio of 5.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAJNANDINI METAL 's p/b ratio peaked in Mar2022 at 21.39x.

- RAJNANDINI METAL 's p/b ratio hit its five-year low in Mar2020 of 0x.


How does RAJNANDINI METAL 's P/B Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Book ValuePB RatioMarket Cap
RAJNANDINI METAL 41.437.27301.4
HINDUSTAN ZINC LTD15,195.0011.72178,139.0
HINDALCO INDUSTRIES LTD95,004.001.54145,968.0
VEDANTA LTD30,722.004.80147,443.0
HINDUSTAN COPPER LTD2,082.1718.1537,796.1
GRAVITA INDIA LTD588.9311.416,717.0
SHIVALIK BIMETAL CONTROLS LTD265.5012.513,322.3
BHARAT WIRE ROPES LTD560.153.752,099.4
RAM RATNA WIRES LTD311.654.681,457.7
NILE LTD199.622.07412.6
SHERA ENERGY LTD89.144.89435.5

Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs RAJNANDINI METAL 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.54x
Max industry PB 18.15x
Median industry PB 4.89x
Average industry PB 7.53x



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